In certain places, 60K a year will grant you a better situation than making 150K elsewhere. Good thing is, those places are so empty of any temptations that you also have the prospect of keeping your lifestyle intact for decades before something as flabbergasting as an Ipad hits the only store in town.
At some stage in my life I made double of that and more at some stage, it went as far as that I wouldn't wear a white office shirt more than once - but, it wasn't healthy I couldn't appreciate anything anymore I kept trying to make more money and after a few years burned out.
I appreciate things so much more these days - I mean I just bought a new monitor 24 inch which kids today buy in bulk of two

and I am looking forward installing and playing with it.
I have a large chunk of investment for rougher times but to be honest I am pretty un-materialistic and so is my wife - we don't need the latest and greatest, our son gets no presents beside birthday and xmess because we want him to apprechiate what he has, we have a few expensive things but that's it.
I don't loose sleep loosing my money since that has happened before to me and I called it a liberation - if the economy eats all my savings fuck it as long as I have my family nothing can happen to me.
One more thing: I don't know what it must be like for the poor fuckers that have no job at all and have to count every penny, we (very fortunate people) count our pennies for fun, my wife and me we love to work out a budge buy for budget keep a tight track on what comes in and goes out - you learn so easy that you only THINK you need something, but in fact you need to learn that there is a HUGE difference between need and want, and most of the times we don't need anything because we got everything.